Wednesday, June 22, 2016

More Home Buyers Have Renovation in Mind

http://realtormag.realtor.org/daily-news/2016/06/22/more-home-buyers-have-renovation-in-mind?om_rid=AADG2i&om_mid=_BXauThB9O8zGV5&om_ntype=RMODaily


There are FHA loans that will now allow you to finance some renovations!  Appraisals still have to come in at value with planned renovation and you have to have licensed contractors so it can get tricky but if you are interested, I have some great people that can help with the mortgage!

Home owners say they are opting to renovate instead of buying a "perfect" home largely because they think remodeling is a more affordable option or could provide a better return on investment, the survey found.

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